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Listed 12 days ago

12 Brae Crest Drive

Stoney Creek, Hamilton

$749,000

Detached|Sidesplit 4
3 | 2 | 5
About this home

Welcome to this beautifully maintained 3-bedroom home nestled beneath the Niagara Escarpment in a prime Stoney Creek neighbourhood. Set on a corner lot in a quiet court, this home offers an updated kitchen, plenty of living space with a formal dining room and convenient access to the Bruce trail, great schools, parks, shopping, downtown Stoney Creek and major highways. This is the perfect home for any growing family.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleSidesplit 4
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,512
Lot Size65 ft x 120 ft
mls© NumberX13825022
Listed ByRE/MAX ESCARPMENT REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,834
Property tax
$376
Heat allowance
$150
Housing costs
$4,360 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $149,800
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$3,152 / mo
Cash down
$149,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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